Massive potential

Dream development: Construction is underway on June 8 at the site of the administrative center of the country’s new capital, Nusantara, in East Kalimantan. — Jakarta Post/ANN

OF late, Indonesia’s President Joko “Jokowi” Widodo has been hard at work promoting foreign investment in Indonesia’s future new capital, Nusantara, slated to replace Jakarta as the centre of administration by 2024.

The President’s whirlwind visits in June 2023 to keystone Asean countries Malaysia and Singapore underscore how deeply Indonesia values its longstanding ties with its regional partners.